Technip Wins Consultancy Contract for RAPID Project

By Joseph R. Fonseca
Friday, June 27, 2014

 

Technip, leader of a joint venture with Fluor, was awarded a substantial(1) Program Management Consultancy (PMC) contract by PETRONAS for the Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor, Malaysia. The PMC contract will include overall project and site management of the RAPID project and provision of Project Management Services for specific EPCC Packages within RAPID throughout the pre-award, engineering and procurement, construction and commissioning as well as warranty management and close-out phases. 

PETRONAS’ RAPID project is a world-scale integrated refinery and petrochemical complex aiming to answer the growing need for differentiated and specialty chemicals and meet the future demand for petroleum and commodity petrochemical products in the Asia Pacific region. RAPID, expected to have a capacity of 300,000 barrels per standard day is part of the larger PETRONAS’ Pengerang Integrated Complex (PIC) project. RAPID will supply naphtha and liquid petroleum gas feedstock for the petrochemical part of the complex, as well as produce gasoline and diesel that meet European specifications. PIC will also see the development of a host of associated facilities i.e. the raw water supply facility, power co-generation plant, LNG regasification terminal and other ancillary facilities.

PIC is poised for its refinery start-up by early 2019. This PMC contract follows the front-end engineering design (FEED) that Technip was awarded in March 2012 for the RAPID project. It will be executed by Technip’s operating centre in Kuala Lumpur, Malaysia, and by Technip PMC(2).

Nello Uccelletti, President and COO Onshore/Offshore of Technip, said: “Alongside the context of growing demand for petrochemicals in the region, we are delighted to help PETRONAS seize opportunities, fuelled by this dynamic marketplace. This award confirms not only our leadership in the refining and petrochemical sectors, but also the successful start-up of Technip's new business unit dedicated to PMC. Leveraging our experience gained over several decades, including the management of large-scale projects, we have developed a comprehensive competency in project management and an experienced management team".

Lim Kwee Keong, President Asia Pacific of Technip, added: “We are proud of PETRONAS’ continued confidence in our expertise and capabilities, this contract being the second one in relation to the RAPID project. Technip will apply the best PMC practices and management skills, in order to help PETRONAS achieve its business objectives, while meeting safety, cost, schedule and quality targets.”

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Sea IT, Veritas Tankers Ink Long-term Software Deal

Sea IT has entered a long term ICT agreement with Veritas Tankers. The agreement comprises installation of BlueCORE Generation 4, an ICT platform specifically developed for the marine industry,

Interior Facelift for Queen Mary 2

Cunard’s luxurious flagship, the iconic 2,620 passenger ocean liner Queen Mary 2, will undergo an interior refit at the hands of McCue Marine during a 25-day multimillion-pound

Chemical Shipping Freight Rates to Remain Under Pressure

On the back of low bunker prices and more new buildings to be delivered in 2016, chemical shipping freight rates for both contracts of affreightment and spot cargoes

Finance

Brazil's CEEE to sell stakes in Wind Farms, Dams

Brazil's Companhia Estadual de Energia Elétrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms,

DP World Bolsters Investment in India

DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations.

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Energy

Brazil's CEEE to sell stakes in Wind Farms, Dams

Brazil's Companhia Estadual de Energia Elétrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms,

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.

US Oil Drillers Cut Rigs to Least in 6 Years

U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to

News

Brazil's CEEE to sell stakes in Wind Farms, Dams

Brazil's Companhia Estadual de Energia Elétrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms,

N.E. Fishermen Warned of Extreme Cold, Wind Chills

The Coast Guard is urging the Massachusetts and Rhode Island fishing fleet to take caution heading into the weekend when life threatening temperatures and wind chills are forecasted.

Hapag-Lloyd Enhances Conosur Service

Hapag-Lloyd has informed about its service enhancements on the Conosur Service (South America West Coast to South America East Coast). This is being upgraded by

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Repair Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0996 sec (10 req/sec)